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STATEMENT ON PENGUINS OWNERSHIP SITUATION
12/15/2006


Statement from Mario Lemieux:

Jim Balsillie delivered a notice of termination today, and it is our understanding that he has stopped negotiating with the National Hockey League to get the necessary consent to buy the Pittsburgh Penguins.

While these developments create significant uncertainty, the Penguins organization will re-evaluate our situation after the Pennsylvania Gaming Control Board makes the decision on the awarding of the Pittsburgh gaming license.

What is clear is the best way to assure that the team remains viable and in Pittsburgh is to award the gaming license to the Isle of Capri.

Pittsburgh Penguins CEO Ken Sawyer will speak to the media during the first intermission of tonight’s game between the Penguins and New York Islanders at Mellon Arena.
 
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